Can one manage two distinct brands with a single Shopify account?

I’ve seen a few posts relating to this but no clear answer:

  • Is it possible to have two distinct brands in one Shopify account? If yes, how do we achieve that?

Alternatively

  • Is it possible to have two separate Shopify accounts pay into the same Vend account?

  • Does anyone have experience using Katana to manage inventory to two separate Shopify accounts? Please note we are not a manufacturer.